It is generally believed that Beijing benefits a lot from the outside investment. In the first place, a large number of joint ventures have been set up, which contributes greatly to the development of Capital Economy. Secondly, the foreign-invested enterprises offer a lot of jobs to the residents in Beijing. This in turn relieves the problem of laid-off workers in the city. Finally, the high-tech enterprises in the capital will grow rapidly as Beijing enjoys the same preferential policies as coastal cities open to the outside world.
On As far as the measures to attract outside investment are concerned, they are as follows. the one hand, we should make special efforts to improve the investment environment so that an increasing amount of foreign capital can stream into Beijing. On the other hand, we should take advantage of this opportunity to run the present foreign-invested enterprises as efficiently as possible. I am convinced that with the reform and opening up policy being implemented, Beijing will be a great attraction for foreign investment.
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